MSTR will be under heavy selling pressure this week. Double whammy of share dilution as well as high purchase price of BTC with the moneh they borrowed/raised.
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Credit Card Collapse (2008): Schiff predicted a "blow-up of credit card finance," with consumer credit limits slashed and Americans unable to make purchases. This did not happen.
Hyperinflation (2010-2012): Schiff repeatedly forecasted hyperinflation and a major currency crisis in the U.S., but inflation remained low during this period.
Gold at $5,000 per Ounce (2009): Schiff predicted gold prices would surpass $5,000 per ounce, but this has not occurred.
Economic Collapse by 2012: In 2010, he predicted the U.S. economy would collapse by 2012, which did not happen.
U.S. Dollar Crash (2023): Schiff forecasted one of the worst years for the U.S. dollar in 2023, but this extreme scenario did not unfold as predicted.
These examples highlight Schiff's tendency to make bold predictions, some of which have proven inaccurate over time.